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Accumulated Other Comprehensive Loss (Tables) | 12 Months Ended
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Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Components of Accumulated Other Comprehensive I(Loss) Income [Table Text Block] | The components of and changes in AOCL were as follows (net of tax) for the year ended June 30, 2016 (in thousands):
Attributable to Kennametal: | Post-retirement benefit plans | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2015 | $ | (138,793 | ) | $ | (97,309 | ) | $ | (7,421 | ) | $ | (243,523 | )
Other comprehensive (loss) income before reclassifications | (78,295 | ) | (51,508 | ) | (150 | ) | (129,953 | )
Amounts Reclassified from AOCL | 4,925 |  | 15,088 |  | (1,563 | ) | 18,450 |
Net current period other comprehensive loss | (73,370 | ) | (36,420 | ) | (1,713 | ) | (111,503 | )
Sale of subsidiary stock to noncontrolling interest | — |  | 2,517 |  | — |  | 2,517 |
AOCL, June 30, 2016 | $ | (212,163 | ) | $ | (131,212 | ) | $ | (9,134 | ) | $ | (352,509 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2015 | $ | — |  | $ | (2,258 | ) | $ | — |  | $ | (2,258 | )
Other comprehensive loss before reclassifications | — |  | (1,188 | ) | — |  | (1,188 | )
Net current period other comprehensive loss | — |  | (1,188 | ) | — |  | (1,188 | )
AOCL, June 30, 2016 | $ | — |  | $ | (3,446 | ) | $ | — |  | $ | (3,446 | )
The components of and changes in AOCL were as follows (net of tax) for the year ended June 30, 2015 (in thousands):
Attributable to Kennametal: | Post-retirement benefit plans | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2014 | $ | (93,742 | ) | $ | 38,811 |  | $ | (11,200 | ) | $ | (66,131 | )
Other comprehensive (loss) income before reclassifications | (47,982 | ) | (136,120 | ) | 6,652 |  | (177,450 | )
Amounts Reclassified from AOCL | 2,931 |  | — |  | (2,873 | ) | 58 |
Net current period other comprehensive loss | (45,051 | ) | (136,120 | ) | 3,779 |  | (177,392 | )
AOCL, June 30, 2015 | $ | (138,793 | ) | $ | (97,309 | ) | $ | (7,421 | ) | $ | (243,523 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2014 | $ | — |  | $ | 1,087 |  | $ | — |  | $ | 1,087 |
Other comprehensive income before reclassifications | — |  | (3,345 | ) | — |  | (3,345 | )
Net current period other comprehensive loss | — |  | (3,345 | ) | — |  | (3,345 | )
AOCL, June 30, 2015 | $ | — |  | $ | (2,258 | ) | $ | — |  | $ | (2,258 | )
The components of and changes in AOCL were as follows (net of tax) for the year ended June 30, 2014 (in thousands):
Attributable to Kennametal: | Post-retirement benefit plans | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2013 | $ | (83,936 | ) | $ | 7,413 |  | $ | (12,481 | ) | $ | (89,004 | )
Other comprehensive income (loss) before reclassifications | (11,990 | ) | 31,398 |  | (706 | ) | 18,702 |
Amounts Reclassified from AOCL | 2,184 |  | — |  | 1,987 |  | 4,171 |
Net current period other comprehensive loss | (9,806 | ) | 31,398 |  | 1,281 |  | 22,873 |
AOCL, June 30, 2014 | $ | (93,742 | ) | $ | 38,811 |  | $ | (11,200 | ) | $ | (66,131 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2013 | $ | — |  | $ | 721 |  | $ | — |  | $ | 721 |
Other comprehensive loss before reclassifications | — |  | 366 |  | — |  | 366 |
Net current period other comprehensive loss | — |  | 366 |  | — |  | 366 |
AOCL, June 30, 2014 | $ | — |  | $ | 1,087 |  | $ | — |  | $ | 1,087 |
Reclassification out of Accumulated Other Comprehensive Loss | Reclassifications out of AOCL for the years ended June 30, 2016, 2015 and 2014 consisted of the following:
| Year Ended June 30, |
Details about AOCL components (in thousands) | 2016 | 2015 | 2014 | Affected line item in the Income Statement
Gains and losses on cash flow hedges: |  |  |  |
Forward starting interest rate swaps | $ | 2,099 |  | $ | 2,021 |  | $ | 1,945 |  | Interest expense
Currency exchange contracts | (4,645 | ) | (6,700 | ) | 1,260 |  | Other (income) expense, net
Total before tax | (2,546 | ) | (4,679 | ) | 3,205 |  |
Tax expense (benefit) | 983 |  | 1,806 |  | (1,218 | ) | Provision (benefit) for income taxes
Net of tax | $ | (1,563 | ) | $ | (2,873 | ) | $ | 1,987 |  |
Post-retirement benefit plans: |  |  |  |
Amortization of transition obligations | $ | 80 |  | $ | 78 |  | $ | 78 |  | See Note 13 for further details
Amortization of prior service credit | (439 | ) | (420 | ) | (345 | ) | See Note 13 for further details
Recognition of actuarial losses | 7,610 |  | 4,163 |  | 2,959 |  | See Note 13 for further details
Total before tax | 7,251 |  | 3,821 |  | 2,692 |  |
Tax (benefit) | (2,326 | ) | (890 | ) | (508 | ) | Provision (benefit) for income taxes
Net of tax | $ | 4,925 |  | $ | 2,931 |  | $ | 2,184 |  |
Foreign currency translation adjustments: |  |  |  |
Released due to divestiture | 15,088 |  | — |  | — |  | Loss on divestiture
Total before taxes | 15,088 |  | — |  | — |  |
Tax benefit | — |  | — |  | — |  | Provision (benefit) for income taxes
Net of tax | $ | 15,088 |  | $ | — |  | $ | — |  |
Amount of Income Tax (Expense) Benefit Allocated to Each Component of Other Comprehensive Income (Loss) [Table Text Block] | The amount of income tax allocated to each component of other comprehensive (loss) for the year ended June 30, 2016:
(in thousands) | Pre-tax | Tax impact | Net of tax
Unrealized loss on derivatives designated and qualified as cash flow hedges | $ | (244 | ) | $ | 94 |  | $ | (150 | )
Reclassification of unrealized gain on expired derivatives designated and qualified as cash flow hedges | (2,546 | ) | 983 |  | (1,563 | )
Unrecognized net pension and other postretirement benefit loss | (84,266 | ) | 5,971 |  | (78,295 | )
Reclassification of net pension and other postretirement benefit loss | 7,251 |  | (2,326 | ) | 4,925 |
Foreign currency translation adjustments | (52,699 | ) | 4 |  | (52,695 | )
Reclassification of foreign currency translation adjustment loss realized upon sale | 15,088 |  | — |  | 15,088 |
Other comprehensive (loss) | $ | (117,416 | ) | $ | 4,726 |  | $ | (112,690 | )
The amount of income tax allocated to each component of other comprehensive (loss) for the year ended June 30, 2015:
(in thousands) | Pre-tax | Tax impact | Net of tax
Unrealized gain on derivatives designated and qualified as cash flow hedges | $ | 10,834 |  | $ | (4,182 | ) | $ | 6,652 |
Reclassification of unrealized gain on expired derivatives designated and qualified as cash flow hedges | (4,679 | ) | 1,806 |  | (2,873 | )
Unrecognized net pension and other postretirement benefit loss | (76,029 | ) | 28,047 |  | (47,982 | )
Reclassification of net pension and other postretirement benefit loss | 3,821 |  | (890 | ) | 2,931 |
Foreign currency translation adjustments | (147,172 | ) | 7,707 |  | (139,465 | )
Other comprehensive (loss) | $ | (213,225 | ) | $ | 32,488 |  | $ | (180,737 | )
The amount of income tax allocated to each component of other comprehensive income for the year ended June 30, 2014:
(in thousands) | Pre-tax | Tax impact | Net of tax
Unrealized loss on derivatives designated and qualified as cash flow hedges | (1,139 | ) | 433 |  | (706 | )
Reclassification of unrealized loss on expired derivatives designated and qualified as cash flow hedges | 3,205 |  | (1,218 | ) | 1,987 |
Unrecognized net pension and other postretirement benefit loss | (15,900 | ) | 3,910 |  | (11,990 | )
Reclassification of net pension and other postretirement benefit loss | 2,692 |  | (508 | ) | 2,184 |
Foreign currency translation adjustments | 33,493 |  | (1,730 | ) | 31,763 |
Other comprehensive income | 22,351 |  | 887 |  | 23,238 |

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- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 + Details
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